The top 10 tax credits that should be on your radar

April 11, 2016 12:05 PM

22
0

1. Earned Income Tax Credit. This credit, which is geared toward people with low to moderate income levels, is a biggie. For those who qualify, the credit can be worth up to $7,500, though the amount varies based on income, how you're filing and how many dependents you're claiming. Despite being one of the most potentially lucrative credits, according to the IRS, 1 in 5 people who are eligible don't claim it.

2. Child and Dependent Care Credit. If you paid to have someone care for a child who is under 13 years old so you can work or go to school, you may be eligible for this credit, worth as much as $2,100, according to Meighan at TurboTax. He said you could also use this credit to claim as much as 35 pe...